Uncertainty and wage setting in a monetary union

被引：4
|
作者：
Hefeker, Carsten [1 ]
机构：
[1] Univ Siegen, HWWI Hamburg & CESifo, Munich, Germany
来源：
MANCHESTER SCHOOL | 2008年 / 76卷 / 04期
关键词：
D O I：
10.1111/j.1467-9957.2008.01071.x
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The enlargement of the European Monetary Union is likely to lead to an increase of uncertainty about the transmission of monetary policy for the larger union. Adding new members to the central bank council in addition implies that the policy reaction of the enlarged council will be uncertain for an initial period. The paper considers the influence of both types of uncertainty on wage setting and unemployment in the larger monetary union.
引用
收藏
页码：391 / 404
页数：14
相关论文
共 50 条
  • [1] Unions, Wage Setting and Monetary Policy Uncertainty
    Gruener, Hans Peter
    Hayo, Bernd
    Hefeker, Carsten
    B E JOURNAL OF MACROECONOMICS, 2009, 9 (01):
  • [2] Monetary uncertainty, strategic wage setting and equilibrium employment
    Lawler, P
    ECONOMICS LETTERS, 2002, 77 (01) : 35 - 40
  • [3] Monetary Union Enlargement, Fiscal Policy, and Strategic Wage Setting
    Sidiropoulos, Moise
    Zimmer, Blandine
    REVIEW OF INTERNATIONAL ECONOMICS, 2009, 17 (03) : 631 - 649
  • [4] Wage restraint and monetary union
    Sanchez, Marcelo
    ECONOMIC MODELLING, 2010, 27 (01) : 134 - 142
  • [5] Wage rigidity and monetary union
    Dellas, H
    Tavlas, G
    ECONOMIC JOURNAL, 2005, 115 (506): : 907 - 927
  • [6] Nominal wage flexibility, wage indexation and monetary union
    Calmfors, L
    Johansson, Å
    ECONOMIC JOURNAL, 2006, 116 (508): : 283 - 308
  • [7] Wage and Price Rigidity in a Monetary Union
    Adao, Bernardino
    Correia, Isabel
    Teles, Pedro
    OPEN ECONOMIES REVIEW, 2010, 21 (01) : 109 - 126
  • [8] Wage and Price Rigidity in a Monetary Union
    Bernardino Adao
    Isabel Correia
    Pedro Teles
    Open Economies Review, 2010, 21 : 109 - 126
  • [9] OPTIMAL UNION WAGE SETTING BEHAVIOR AND THE NON-NEUTRALITY OF ANTICIPATED MONETARY CHANGES
    NAISH, HF
    OXFORD ECONOMIC PAPERS-NEW SERIES, 1988, 40 (02): : 346 - 364
  • [10] UNION WAGE SETTING AND TAXATION
    SCHIOPPA, FP
    OXFORD BULLETIN OF ECONOMICS AND STATISTICS, 1990, 52 (02) : 143 - 167
12345